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WAEC Commerce 2010 Question 26

Question 26

Co-operative Societies

In which of the following organizations are members entitled to one vote, irrespective of the number of shares held?

  1. A.Public corporation
  2. B.Partnership
  3. C.Limited company
  4. D.Co-operative society
Show the answer and explanation

Answer: D (Co-operative society)

Explanation

Co-operatives follow 'one member, one vote'.